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U.S. Department of Labor
Industry: Government; Labor
Number of terms: 77176
Number of blossaries: 0
Company Profile:
A union security clause whereby all members of a bargaining unit must pay a service fee, the equivalent of dues, whether or not they are union members.
Industry:Labor
Workers who do not have an implicit or explicit contract for long-term employment. BLS uses three alternative measures of contingent workers that vary in scope.
Industry:Labor
An occupation is classified into 1 of 11 categories that best describes the postsecondary education or training needed by most workers to become fully qualified in the occupation. The categories are as follows: first professional degree; doctoral degree; master's degree; bachelor's or higher degree, plus work experience; bachelor's degree; associate degree; postsecondary vocational award; work experience in a related occupation; long-term on-the-job training; moderate-term on-the-job training; and short-term on-the-job training.
Industry:Labor
An occupation is classified into 1 of 11 categories that best describes the postsecondary education or training needed by most workers to become fully qualified in the occupation. The categories are as follows: first professional degree; doctoral degree; master's degree; bachelor's or higher degree, plus work experience; bachelor's degree; associate degree; postsecondary vocational award; work experience in a related occupation; long-term on-the-job training; moderate-term on-the-job training; and short-term on-the-job training.
Industry:Labor
Workers who receive wages, salaries, commissions, tips, payment in kind, or piece rates. The group includes employees in both the private and public sectors.
Industry:Labor
When one nation's opportunity cost of producing an item is less than another nation's opportunity cost of producing that item. A good or service with which a nation has the largest absolute advantage (or smallest absolute disadvantage) is the item for which they have a comparative advantage.
Industry:Labor
Wage and salary earnings before taxes and other deductions; includes any overtime pay, commissions, or tips usually received (at the main job, in the case of multiple jobholders). Earnings reported on a basis other than weekly (for example, annual, monthly, hourly) are converted to weekly. The term "usual" is as perceived by the respondent. If the respondent asks for a definition of usual, interviewers are instructed to define the term as more than half the weeks worked during the past 4 or 5 months. Data refer to wage and salary workers only, excluding all self-employed persons (regardless of whether their businesses were incorporated) and all unpaid family workers.
Industry:Labor
Unit value indexes are calculated by dividing the total value of goods in a commodity area by the total quantity of goods in that commodity area.
Industry:Labor
Unit labor costs show the growth in compensation relative to that of real output. These costs are calculated by dividing total labor compensation by real output. Changes in unit labor costs can be approximated by subtracting the change in productivity from the change in hourly compensation.
Industry:Labor
Money, usually the equivalent of union dues, which members of an agency shop bargaining unit pay the union for negotiating and administering the collective bargaining agreement.
Industry:Labor